Single Family Home For Sale in Jersey City, NJ
MLS# : 250012679
PROPERTY DETAILS
PROPERTY DESCRIPTION
Located at 18 Perrine Ave in the highly desirable Journal Square neighborhood, this solidly built three-story single-family home offers incredible investment potential. Featuring a sturdy foundation and a lot size of 20.1 x 91.1 feet, the property is south-facing and attached on both sides, situated on a quiet dead-end street for added privacy. This home is part of the Journal Square Redevelopment Plan 2060, Zone 4A, making it an excellent opportunity for investors or homeowners ready to renovate and customize. There is also the unique potential for assembly with up to four neighboring lots, opening the door to larger development possibilities. Conveniently located near the Journal Square PATH, shopping, and dining, this property offers both urban convenience and future growth. Please note that property taxes must be verified with the tax assessor’s office.
Amenities
This listing is a courtesy of HOWARD HANNA RAND REALTY
201-659-7101 office, listing agent OKSANA CONDON
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $728,663 |
| Homes Sold* (12mo): | 232 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $671,552 |
| Apatments Sold* (12mo): | 1,098 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $350,000 - 3,495,000 | 75 |
| Condos : | $150,000 - 4,148,000 | 501 |
| Co-ops : | $485,000 - 739,000 | 4 |
| Twnhs : | $2,895 - 2,099,000 | 12 |
| 2-4 Fam : | $475,000 - 3,495,000 | 126 |
| 5+ Fam : | $1,299,999 - 1,650,000 | 2 |
| Land : | $299,000 - 7,500,000 | 21 |
| Rentals : | $1,900 - 16,500 | 48 |
| Mixd Use : | $649,999 - 2,599,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 6 |
